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Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

Post author:MiamiCrypto
Post published:August 3, 2022
Post category:$4 Million Bitcoin Bitcoin (BTC)BTC-backed derivatives contracts El Zonte Capital fundraise Galoy Galoy Founder Hivemind Ventures Kingsway Capital lightning network ln News Nicolas Burtey Product Launch Stablecoin Stablesats Stablesats Product synthetic dollar Timechain Trammell Venture Partners Valor Equity Partners

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the…